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Jinro Distillers Co (XKRX:018120) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


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What is Jinro Distillers Co Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Jinro Distillers Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩42 Mil. Jinro Distillers Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩42 Mil. Jinro Distillers Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ₩22,949 Mil. Jinro Distillers Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.00.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Jinro Distillers Co's Debt-to-EBITDA or its related term are showing as below:

XKRX:018120' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.25   Max: 0.87
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jinro Distillers Co was 0.87. The lowest was 0.01. And the median was 0.25.

XKRX:018120's Debt-to-EBITDA is ranked better than
99.35% of 155 companies
in the Beverages - Alcoholic industry
Industry Median: 1.86 vs XKRX:018120: 0.01

Jinro Distillers Co Debt-to-EBITDA Historical Data

The historical data trend for Jinro Distillers Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jinro Distillers Co Debt-to-EBITDA Chart

Jinro Distillers Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.02 0.87 0.39

Jinro Distillers Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.33 0.01 -

Competitive Comparison of Jinro Distillers Co's Debt-to-EBITDA

For the Beverages - Wineries & Distilleries subindustry, Jinro Distillers Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jinro Distillers Co's Debt-to-EBITDA Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jinro Distillers Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jinro Distillers Co's Debt-to-EBITDA falls into.



Jinro Distillers Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Jinro Distillers Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4386.001 + 42) / 11453.521
=0.39

Jinro Distillers Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(42 + 42) / 22949.148
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2024) EBITDA data.


Jinro Distillers Co  (XKRX:018120) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Jinro Distillers Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Jinro Distillers Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Jinro Distillers Co Business Description

Traded in Other Exchanges
N/A
Address
650 Chochi-Dong, Danwon-Gu, Ansan, Gyeonggi, KOR, 425-080
Jinro Distillers Co Ltd is a South Korea-based company engaged in the manufacturing of ethanol. It produces fermented ethanol and refined ethanol used as raw materials for distilled spirits. The company is also involved in the manufacturing of alcohol disinfectants, including household-type disinfectants and industrial disinfectants, which are used as sanitary sterilizing preparations.

Jinro Distillers Co Headlines

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